There have been a number of policies trying to address this like Vancouver placing a tax on unoccpied real estate. We'll see which have any impact.
My guess is it is a combination of low interest rates, restrictive zoning, continued urbanization, foreign buyers, and speculative investors. The mix of effects varies by region.
There have been a number of policies trying to address this like Vancouver placing a tax on unoccpied real estate. We'll see which have any impact.
My guess is it is a combination of low interest rates, restrictive zoning, continued urbanization, foreign buyers, and speculative investors. The mix of effects varies by region.
There have been a number of policies trying to address this like Vancouver placing a tax on unoccpied real estate. We'll see which have any impact.
My guess is it is a combination of low interest rates, restrictive zoning, continued urbanization, foreign buyers, and speculative investors. The mix of effects varies by region.